Justin Solar, the founding father of TRON, has accused World Liberty Monetary (WLFI), a DeFi enterprise backed by the Trump household, of concealing a blacklist mechanism in its token contract that enables the venture to freeze, management or seize consumer funds and undermine the precept of decentralization.
Solar, who poured capital into WLFI throughout its early levels, publicly criticized the venture on X on Sunday as scrutiny mounted following a controversial DeFi lending transfer. He at present owns roughly 545 million WLFI tokens price round $43 million, per Arkham Intel.
The crypto entrepreneur has lengthy supported Trump and his crypto-friendly insurance policies. He said that his early stake in WLFI was pushed by its promise to democratize finance and eradicate middlemen.
In September 2025, the DeFi venture froze Solar’s WLFI tackle, locking about 540 million tokens after transfers to exchanges sparked suspicion of token promoting exercise.
The TRON founder stated these transfers have been minor assessments and urged the workforce to reverse its determination to blacklist his pockets. He warned on the time that unilateral freezes of investor property would undermine confidence within the ecosystem.
Solar reiterated his message in immediately’s submit. He accused the WLFI workforce of imposing charges, implementing hidden controls over property, freezing funds with out transparency or due course of, and working outdoors of honest governance frameworks.
He additionally argued that governance votes used to justify these actions have been flawed, with restricted participation, lacking data and predetermined outcomes that did not signify the broader neighborhood.
Solar added that these actions weren’t what he signed up for.
“What was by no means disclosed to me or any investor is that this: World Liberty secretly embedded a backdoor blacklist perform within the sensible contract deploying the WLFI token. This function grants the corporate unilateral energy to freeze, prohibit, and even successfully confiscate the property rights of any token holder—with out discover, with out purpose, and with none avenue for recourse,” Solar wrote. “That is the antithesis of decentralization. It’s a entice masquerading as a door.”
The billionaire referred to as for token entry to be restored, transparency improved and improvement guided by integrity.
World Liberty Monetary has come underneath stress after studies that project-linked wallets used giant quantities of WLFI in lending operations on the Dolomite DeFi lending protocol.
On-chain information suggests tons of of tens of millions in WLFI have been deployed as collateral, sparking worries that falling costs might set off liquidations and additional promoting stress on the token.
In response to rising issues, the venture workforce stated they don’t seem to be susceptible to liquidation, has repaid a part of the mortgage, and plans a governance proposal to deal with the difficulty.
Let’s discuss in regards to the FUD going round our WLFI Markets lending place.
It is incorrect. This is what’s truly occurring — and why the actual story is much more attention-grabbing.— WLFI (@worldlibertyfi) April 9, 2026
The token’s value fell sharply in the course of the interval, hitting its report low of $0.077 on April 11, per CoinGecko.
WLFI traded at $0.079 at press time, down about 76% from its all-time excessive of $0.3 set final September.
